Kaycey Martindale, a fall 2015 graduate of the UAB Collat School of Business, has recently accepted a job offer with Ryerson, Inc., a leading metals manufacturer and distributor in North America. Out of 1,800 nationwide applicants, Martindale was one of 15 chosen for employment with Ryerson. His degree in Industrial Distribution, he says, is what helped him stand apart from the other applicants.
Labs aren’t only filled with beakers, microscopes, and other tools of scientific investigation. At the Collat School of Business and the Bill L. Harbert Institute for Innovation and Entrepreneurship, a lab will also be filled with big ideas from current and future entrepreneurs.
Kate and Claude Nielsen have made a $500,000 commitment to establish the Nielsen Innovation Lab, which will serve as a home for student entrepreneurship clubs, as well as classes focused on innovation and business incubation. It also will provide a collaborative teaching space in which students can gain first-hand business experience working on faculty- and student-led startups.
Brian Spraberry, CEO of Callahan Eye Hospital, made a return visit to the Collat School of Business on November 10, 2015 when he met with students in the combined undergraduate capstone and MBA class, “Strategic Leadership Through the Eyes of the C-Suite.”
Callahan Eye Hospital is a member of the UAB Health System. It is located in the heart of the UAB medical campus on University Boulevard. Mr. Spraberry described the hospital’s strategic mission as taking care of people with blinding eye diseases, such as macular degeneration and glaucoma, and disorders related to the retina and cornea. Unlike the rest of the 1,000-bed UAB Health System, Callahan Eye Hospital delivers almost all of its services on an outpatient basis, both in the UAB campus building as well as in several satellite clinics around Birmingham.
Just one week before Mr. Spraberry’s visit, students in the class met with Jay Grinney, CEO of HealthSouth Corporation, an investor-owned provider of inpatient rehabilitation services and outpatient home health and hospice services. Mr. Spraberry explained that because Callahan Eye Hospital does not have investors, it reinvests all of its profits back into the operation of the hospital.
Jay Grinney, chief executive officer of HealthSouth Corporation, says that when setting its strategy his company has confronted and then embraced the upheaval currently underway in how health care providers are paid. Grinney made a return visit to the UAB Collat School of Business on November 3, 2015 when he met with students in the combined MBA and undergraduate capstone class “Strategic leadership through the eyes of the C-Suite.”
The Institute’s mission is to develop a conduit for UAB students, faculty and staff as well as for the Birmingham community to learn the skills and knowledge essential to successfully manage personal finances.
In order to carry out that mission, Regions is partnering with UAB to provide an endowed program support fund for comprehensive financial education outreach, research and education programs at UAB and in the community.
Together with Regions, UAB will endeavor to leverage the resources of the Institute to provide money-management tools that will have a lasting impact.
Chad T. Hagwood, Senior Vice President and Regional Manager for Capital One Multifamily Finance in Birmingham, graduated from UAB in 1994 with a bachelor’s degree in finance with a concentration in Commercial Real Estate Finance and Investment Institutional Finance. He’s been giving back to UAB ever since, by mentoring students, chairing the Finance Department Advisory Council, and establishing the Tommy and Anne Hagwood Endowed Scholarship in Real Estate in 2007 to honor his parents.
His latest gift of $250,000 will name a classroom in the new Collat School of Business and Bill L. Harbert Institute for Innovation and Entrepreneurship in honor of Lary B. Cowart, Ph.D., Assistant Dean for Accreditation and Assistant Professor of Real Estate and Finance.
“I have been very blessed and fortunate to have several great mentors in my life, and one of those mentors is Dr. Lary Cowart,” he says. “I met Dr. Cowart in the fall of 1991 when I took an intro to real estate class. During my three years at UAB, Dr. Cowart’s advice, wisdom and knowledge was invaluable to me, and I attribute much of my success to what I learned at UAB from Dr. Cowart and other fantastic faculty at the Collat School of Business.
The Kassouf family — and the accounting firm that bears their name — have made gifts totaling $500,000 to name the Department of Accounting and Finance Suite in the new Collat School of Business building.
The Kassouf & Co. Suite is the latest investment in UAB by the Kassouf family and the firm, who also have established endowed scholarships in accounting and industrial distribution and have supported a range of programs across campus. The suite includes offices for the department chair and student advising staff, as well as a conference room, reception space and workroom.
David P. Kassouf, a member of the Collat School of Business Dean’s Advisory Board, says the “dividends” of investing in UAB are the accomplished graduates who enter the workforce, driving Birmingham’s business toward success.
“We’ve had the opportunity to see the Collat School of Business and the Accounting Department blossom from their modest beginnings,” he says. “By continuing our support, we hope to catapult UAB into its role as a destination business school and help serve as a catalyst in the development of the next generation of our community’s leaders.”
With lead gifts from the Joy and Bill Harbert Foundation and Medical Properties Trust, UAB’s Collat School of Business is close to the halfway mark in an ambitious effort to raise $15 million for a new building at the corner of University Boulevard and 13th Street South.
“Our vision for this facility is to create a formalized structure that leverages UAB’s tremendous on-campus resources – from business expertise to world-class medicine to engineering – to facilitate innovation and entrepreneurship leading to commercialization and economic development for the community, state and beyond,” said Eric Jack, Ph.D., Wells Fargo Endowed Chair in Business Administration and dean of the Collat School of Business. “We are honored to partner with generous individuals and organizations who share that vision."